XDV.TO vs. ZDV.TO
Compare and contrast key facts about iShares Canadian Select Dividend Index ETF (XDV.TO) and BMO Canadian Dividend ETF (ZDV.TO).
XDV.TO and ZDV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDV.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Dec 19, 2005. ZDV.TO is an actively managed fund by BMO. It was launched on Oct 21, 2011.
Performance
XDV.TO vs. ZDV.TO - Performance Comparison
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XDV.TO vs. ZDV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XDV.TO iShares Canadian Select Dividend Index ETF | 6.02% | 24.80% | 21.08% | 7.83% | -8.70% | 29.08% | -0.64% | 21.04% | -12.68% | 10.85% |
ZDV.TO BMO Canadian Dividend ETF | 10.62% | 20.17% | 16.52% | 7.83% | -1.93% | 28.40% | -3.84% | 22.34% | -10.95% | 7.38% |
Returns By Period
In the year-to-date period, XDV.TO achieves a 6.02% return, which is significantly lower than ZDV.TO's 10.62% return. Both investments have delivered pretty close results over the past 10 years, with XDV.TO having a 10.67% annualized return and ZDV.TO not far ahead at 10.77%.
XDV.TO
- 1D
- 1.66%
- 1M
- -1.78%
- YTD
- 6.02%
- 6M
- 12.67%
- 1Y
- 30.91%
- 3Y*
- 18.06%
- 5Y*
- 12.33%
- 10Y*
- 10.67%
ZDV.TO
- 1D
- 1.59%
- 1M
- -1.16%
- YTD
- 10.62%
- 6M
- 9.99%
- 1Y
- 27.72%
- 3Y*
- 17.29%
- 5Y*
- 13.61%
- 10Y*
- 10.77%
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XDV.TO vs. ZDV.TO - Expense Ratio Comparison
XDV.TO has a 0.55% expense ratio, which is higher than ZDV.TO's 0.39% expense ratio.
Return for Risk
XDV.TO vs. ZDV.TO — Risk / Return Rank
XDV.TO
ZDV.TO
XDV.TO vs. ZDV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Canadian Select Dividend Index ETF (XDV.TO) and BMO Canadian Dividend ETF (ZDV.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| XDV.TO | ZDV.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.05 | 2.25 | +0.80 |
Sortino ratioReturn per unit of downside risk | 3.77 | 2.61 | +1.16 |
Omega ratioGain probability vs. loss probability | 1.65 | 1.52 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 4.11 | 3.19 | +0.92 |
Martin ratioReturn relative to average drawdown | 19.15 | 13.36 | +5.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XDV.TO | ZDV.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.05 | 2.25 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.15 | 1.26 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.72 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.65 | -0.11 |
Correlation
The correlation between XDV.TO and ZDV.TO is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
XDV.TO vs. ZDV.TO - Dividend Comparison
XDV.TO's dividend yield for the trailing twelve months is around 3.26%, more than ZDV.TO's 2.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDV.TO iShares Canadian Select Dividend Index ETF | 3.26% | 3.46% | 4.20% | 4.46% | 4.34% | 3.69% | 4.55% | 4.01% | 4.68% | 3.47% | 3.72% | 4.52% |
ZDV.TO BMO Canadian Dividend ETF | 2.83% | 3.07% | 3.57% | 4.10% | 4.10% | 3.63% | 4.48% | 4.11% | 5.06% | 3.96% | 3.84% | 4.63% |
Drawdowns
XDV.TO vs. ZDV.TO - Drawdown Comparison
The maximum XDV.TO drawdown since its inception was -48.79%, which is greater than ZDV.TO's maximum drawdown of -43.21%. Use the drawdown chart below to compare losses from any high point for XDV.TO and ZDV.TO.
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Drawdown Indicators
| XDV.TO | ZDV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.79% | -43.21% | -5.58% |
Max Drawdown (1Y)Largest decline over 1 year | -7.77% | -9.04% | +1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -20.59% | -16.72% | -3.87% |
Max Drawdown (10Y)Largest decline over 10 years | -39.09% | -43.21% | +4.12% |
Current DrawdownCurrent decline from peak | -2.26% | -1.71% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -6.97% | -5.18% | -1.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 2.16% | -0.49% |
Volatility
XDV.TO vs. ZDV.TO - Volatility Comparison
iShares Canadian Select Dividend Index ETF (XDV.TO) and BMO Canadian Dividend ETF (ZDV.TO) have volatilities of 4.10% and 4.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDV.TO | ZDV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 4.14% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 7.18% | 9.73% | -2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.20% | 12.39% | -2.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.80% | 10.90% | -0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.68% | 15.11% | -0.43% |